BofA Total Card Spending (w/e 6th Jun) +6.1% (prev. +5.2% W/W, +4.8% in Apr); entertainment, clothing, HI, furniture and transit saw the biggest acceleration
Nomura's 2026 China inflation forecast raised to 0.9% (prev. 0.6%); pushes its forecast for the PBoC's RRR rate cuts to 2027
Xiaomi (1810 HK) has filed for an extended range EV
BofA Total Card Spending (w/e 6th Jun) +6.1% (prev. +5.2% W/W, +4.8% in Apr); entertainment, clothing, HI, furniture and transit saw the biggest acceleration
Japan PM Takaichi and US President Trump are arranging a meeting during the G7, Nikkei reports
Iranian delegation member Hussein Bak says "There are some sticking points, especially regarding ending the war in the region, and among them Lebanon and Iran; we will not offer any concessions on this matter."
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